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Introduction to the Symposium on Peak Load Pricing

This paper provides a detailed study of the structure, behavior, and performance of the property and liability insurance industry in the United States. This property insurance industry is shown to possess all of the structural characteristics normally associated with competitive markets. Despite...

This paper presents an attempt to specify and estimate a simple model of the rate of return phase of a formal regulatory hearing. The specification of the model derives from the author's intensive study of the regulatory decision-making process in New York State. Although well-defined legal...

Once the prices for utility service are set by state regulatory authorities, they remain at fixed levels until they are officially increased or decreased by the regulatory agency. A utility company is not free to vary the prices of its service independently. This paper presents the results of an...

This article uses a simple queuing model to examine several factors that affect hospital bed supply decisions and the reservation quality of the hospital. The model takes account of demand uncertainty, the internal organization of the hospital, nonprice competition among hospitals, and hospital...

This paper examines the demands for nuclear reactors, raw uranium, and fuel cycle requirements by the U.S. electric utility industry over the next twenty years, and under a number of different possible states of the world. The analysis is performed by using the MIT Regional Electricity Model...